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$399,000
New Listing

705 Neelys Bend Rd
Madison, TN 37115

For Sale|Duplex|Active
0
Beds
0
Total Baths
1,612
SqFt
$248
/SqFt
1982
Built
Subdivision:
Rainbow Terrace
County:
Davidson

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705 Neelys Bend Rd705 Neelys Bend Rd705 Neelys Bend Rd705 Neelys Bend Rd
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Great opportunity to own an income-producing duplex in the growing Madison submarket of Nashville! Located at 705-707 Neelys Bend Rd, this property offers immediate upside with one unit currently rented thru 5/21/27 paying $1,125/mo. while the other side is occupied on a month-to-month lease at $995/month (under market), creating flexibility for investors or owner-occupants. The property provides strong potential for increased cash flow through rental adjustments, updates, or long-term hold appreciation as Madison continues to see steady redevelopment and investment activity. Conveniently positioned near Ellington Parkway, Rivergate, and downtown Nashville, the location offers easy access to shopping, restaurants, parks, and major commuter routes. Duplex properties with built-in income and value-add potential remain in high demand throughout the Nashville market. Whether you’re looking to expand your rental portfolio, house hack with one side vacant, or secure a stable investment in a growing area, this property presents multiple opportunities. Strong rental demand and continued neighborhood growth make this an attractive addition for both seasoned and first-time investors alike. Property being sold as-is.

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Listing Snapshot
Price 
$399,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,612 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1982
MLS® Number 
3232179
Status 
Active
Property Tax 
$3,497
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 hours agoListing first seen on site
4 hours agoListing updated with changes from the MLS®
General Features
Levels 
Two
Number Of Stories 
2
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1612
SqFt Total 
1612
Utilities 
Water Available
Water Source 
Public
Zoning 
Rs10
Interior Features
Cooling 
Wall/Window Unit(s)
Flooring 
CarpetLaminate
Heating 
Baseboard
Laundry Features 
Electric Dryer HookupWasher Hookup
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Exterior Features
Construction Details 
BrickVinyl Siding
Schools
School District
Unknown
Elementary School
Stratton Elementary
Middle School
Madison Middle
High School
Hunters Lane Comp High School
Listing courtesy of Synergy Realty Network, LLC Tyler C. King

Listings courtesy of Realtracs as distributed by MLS GRID



Based on information submitted to the MLS GRID as of 2026-06-08 06:05 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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